Property and investors

On July 30, China’s leading e-commerce company JD.com announced the acquisition of German electronics specialist Ceconomy (1,030 MediaMarkt and Saturn stores, 50,000 employees). The...

1 August 2025

India: Walmart subsidiary Myntra sued for tax fraud

In India, on July 23, the Directorate of Enforcement (ED) filed a complaint against Walmart subsidiary Myntra (2024 market cap: 600 million dollars, up by 15%). The charge alleges a violation of...

31 July 2025

Al-Futtaim acquires a 49.95% stake in Cenomi Retail for US$667 millions

On July 20, Saudi operator Cenomi Retail (2024 revenue: 635 million dollars, up by 4% year-on-year) announced an agreement to sell 49.95% of capital to the Emirati group Al-Futtaim (revenue...

24 July 2025

Central Retail invests US$1.4 billion in omnichannel strategy in Thailand and Vietnam

On June 24, the subsidiary of Thai conglomerate Central Group, Central Retail Corporation (revenue for the year ended March 2025: US$7.3 billion, up 5.7% year-on-year) unveiled a major US$1.4...

1 July 2025

DHL to invest €500 million in the Gulf by 2030

On June 11, Germany’s DHL (2024 revenue €84.19 billion, up by 3% year-on-year) announced a €500 million investment by 2030 in the United Arab Emirates and Saudi Arabia to...

27 June 2025

Divestitures, restructuring: BHV and El Corte Inglés seek a second wind

In mid-June, El Corte Inglés department stores published annual results for the year ending February 2025. After deciding in April to abolish the executive committee, the retailer reported...

25 June 2025

Blackstone acquires Kolkata’s South City Mall for US$377 million

In India, with the buyout of developer South City Project on June 17, the US investment fund Blackstone has acquired Kolkata’s South City Mall. The transaction, carried out with the...

23 June 2025

Financière Agache, a Bernard Arnault’s holding company, exits Lagardère’s capital

It’s the end of a strategic partnership. According to the AMF, Bernard Arnault’s holding company Financière Agache sold the remaining 7.97% stake in the Lagardère group...

17 June 2025

China’s Wanda sells 48 malls in mega deal

In China, real estate developer Dalian Wanda Group (513 Wanda Plaza malls covering 70.9 million sq.m) is selling 48 shopping centres in a US$6.94 billion deal. The buyer is a joint venture led by...

5 June 2025

Paolo de Cesare takes over as Chairman of Grandi Stazioni

Paolo de Cesare was appointed Non-Executive Chairman of Grandi Stazioni at the end of April 2025. Former Chairman and C.E.O. of Printemps Group (2007–2020) and then C.E.O. of luxury...

15 May 2025

Majid Al Futtaim injects US$1.4 billion into Mall of the Emirates

In Dubai, Majid Al Futtaim (2024 turnover: €8.53 billion from 87 stores and 29 malls, up 1% year-on-year) unveiled a US$1.4 billion investment in mid-April to revamp the Mall of the Emirates...

15 May 2025

U.S. GDP fell and commercial vacancy rose in Q1

While the impact of tariffs began to affect the US economy in Q1, with GDP falling by 0.3%, retail space occupancy rates did not improve.

12 May 2025

Carrefour re-signs with Majid Al Futtaim until 2031

On April 3, Carrefour renewed an exclusive franchise agreement until 2031 with the Emirati group Majid Al Futtaim (turnover 2024: €8.53 billion, up by 1% in a year, after a rise of 1.1% in...

9 April 2025

Simon Property steps up in offsite retail media

Simon Property Group, the world’s leading commercial property company (2024 revenue: US$5.96 billion, up by 5.4%, via 229 malls covering 180 million sq.m and 2 billion visitors per year)...

2 April 2025

Rodrigo Clare (Altarea): “We have entered into exclusive negotiations to manage stores in 83 Milan metro stations”

After winning, with RATP Travel Retail, the tender for the stations in the greater Paris area, the property company Altarea is also preparing to expand in Italy, mind Retail learned. We review the...

28 March 2025

Printemps sets up in the U.S. against a backdrop of department store crisis

After beginning international expansion in 2022 in Doha (Qatar) with 40,000 sq.m, the Printemps group (21 department stores, confidential turnover) selected New York as the entry into the U.S.A...

13 March 2025

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Aroma-Zone and Najar reveal the behind-the-scenes of a strategic partnership

As the adoption of AI results in increasing cost volatility for companies, mind Retail spoke in Monaco with Christelle Glaszer, Manager of Indirect Purchases at Aroma-Zone natural beauty retailer...

13 March 2026

After-sales service: Prolong aims to become the OS of repair and adds 3 luxury brands

Signing of three high-end clients, launch of a maintenance passport, imminent Seed funding round and cloud migration project in China… At a 1-to-1 conference in Monaco, the Founder of Prolong...

12 March 2026

Regulatory: With 200,000 Digital Product Passports issued, Darty scales up

While the European Commission is set to vote on delegated acts to specify requirements for home appliances, Darty is accelerating a Digital Product Passport (DPP) push by integrating new products...

11 March 2026

Electronic labels: Hanshow accelerates breakthrough and signs with a leading British retailer

While the leader in electronic labels, Vusion exceeded €1.47 billion in revenue in 2025, rival Hanshow is stepping up a global offensive, winning a strategic account in the U.K. and a new POC for...

27 February 2026

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Profound raises US$96 million in Series C funding, becoming a first GEO unicorn

Founded in 2024 in New York by James Cadwallader, GEO startup Profound raised US$96 million on February 24, 2026, in a Series C round led by Lightspeed Venture Partners, including Sequoia Capital...

25 February 2026

Klépierre, URW, Carmila: in 2025, retail media and services accounted for nearly 10% of net rental income

Published on February 12 and 19, annual financial results of the three major European property companies show that Klépierre, Unibail-Rodamco-Westfield, and Carmila are no longer singing from the...

24 February 2026